FOR INSTITUTIONAL INVESTOR USE ONLY

This site is for Institutional Investor use only and not for public use or distribution. The information contained on this site is for informational purposes only without regard to the investment objective, financial situation or specific needs of any particular investor. It is not intended for use by institutional investors in a jurisdiction where distribution or purchase is not authorized.

investment adviser registered either with the SEC under Section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions);

person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million;

governmental entity or subdivision thereof;

employee benefit plan, or multiple employee benefit plans offered to employees of the same employer, that meet the requirements of Section 403(b) or Section 457 of the Internal Revenue Code and in the aggregate have at least 100 participants, but does not include any participant of such plans;

qualified plan, as defined in Section 3(a)(12)(C) of the Exchange Act, or multiple qualified plans offered to employees of the same employer, that in the aggregate have at least 100 participants, but does not include any participant of such plans;

FINRA member or registered person of such a member; or

person acting solely on behalf of any such institutional investor.

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Victory Strategic Income Fund

The Fund’s management team seeks high current income with a secondary objective of capital appreciation by combining active and flexible sector allocation with disciplined risk management. This go-anywhere, best-ideas fund invests in a diversified portfolio of investment grade, high yield, domestic, and foreign securities, some of which may be outside its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index.

Philosophy and Process

The investment team focuses on rigorous, independent fundamental research that includes macroeconomic, company-specific and security-specific factors. The team researches broad economic, political, and regulatory matters, as well as the structure and conditions of each security, its issuer, and its sector and industry. We take a risk-conscious fundamental value approach that recognizes that a narrow focus on yield doesn’t necessarily produce the best returns. We evaluate potential returns relative to risk and seek both income and price appreciation. The Fund mitigates risk by researching and diversifying its holdings.

Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited.

Class A performance quoted "with maximum sales load" reflects the current maximum sales charge of 2.00%. The sales load on Class C shares is deferred and will be charged if you redeem shares within one year of purchase. The contingent deferred sales load is 1.00% of the purchase or sale price of the shares, whichever is less. Please read the prospectus carefully for more information on sales charges as they do not apply in all cases and if applied are reduced for larger purchases. Any sales charges are in addition to the Fund's fees and expenses as detailed in the Fund's most current prospectus. The performance quoted at NAV or "without sales load" does not reflect any sales charge. If a sales charge were included, the performance stated above would be lower.

Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.

The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least April 30, 2019. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.

Class R and Y shares of the Fund are only available to investors that meet certain eligibility requirements.

Returns are average annual total returns, except those for periods of less than one year, which are cumulative

The Barclays U.S. Aggregate Bond Index is an unmanaged index that is generally considered to be representative of U.S. bond market activity. You may not invest in the index, and, unlike the Fund, the index does not incur fees and expenses.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective.Fixed income funds are subject to interest-rate and credit risk. Typically, when interest rates rise bond values decline. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Investors in the Fund may be subject to the Alternative Minimum Tax and certain other state and local taxes. Mortgage-backed securities are subject to higher prepayment risk than corporate bonds and notes, particularly in periods of declining interest rates as well as the risk that an unexpected rise in interest rates will extend the life of the security beyond the expected repayment time, typically reducing the security’s value. The Fund may invest in below-investment-grade debt securities (“junk bonds”) which may be less liquid and are subject to greater risk of loss than investment-grade securities. Such securities may experience greater price volatility and higher default rates during period of adverse market conditions.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The Victory Strategic Income Fund is sub-advised by Park Avenue Institutional Advisers LLC., not affiliated with Victory Capital.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

CharacteristicsWtd Average Life (WAL): The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, WAL tells how many years it will take to pay half of the outstanding principal. Duration: A weighted average of the maturity of all the income streams from a bond or portfolio of bonds. Generally, the higher the duration, the more sensitive the bond or bond portfolio to changes in interest rates. The Fund diversification and duration schedule are presented to illustrate examples of the Fund’s investments and may not be representative of the Fund’s current or future investments. Fund holdings are as of quarter end and may change at any time.

The rating for each security held by the Fund is generally determined based on the ratings given by the nationally recognized statistical rating organizations Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings Ltd. If all three organizations have rated the security, the median rating is used. If only two organizations have rated the security, the lower rating is used. If a single organization has rated the security, that rating is used. Securities that have not been rated by any of the organizations, if any, are shown as “Not Rated” or “NR”. “Short Term” refers to cash and other short term instruments. Short term also includes other assets and liabilities that are not picked up by any other bucket, such as financings and derivatives positions. The ratings represent the opinions of the rating organizations (S&P, Moody's, and Fitch) as to the quality of the securities they rate. The ratings range from AAA (extremely strong capacity to meet its financial commitment) to D (in default). Ratings are relative and subjective and are not absolute standards of quality.

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Fixed income funds are subject to interest-rate and credit risk. Typically, when interest rates rise bond values decline. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Investors in the Fund may be subject to the Alternative Minimum Tax and certain other state and local taxes. Mortgage-backed securities are subject to higher prepayment risk than corporate bonds and notes, particularly in periods of declining interest rates as well as the risk that an unexpected rise in interest rates will extend the life of the security beyond the expected repayment time, typically reducing the security’s value. The Fund may invest in below-investment-grade debt securities (“junk bonds”) which may be less liquid and are subject to greater risk of loss than investment-grade securities. Such securities may experience greater price volatility and higher default rates during period of adverse market conditions.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The Victory Strategic Income Fund is sub-advised by Park Avenue Institutional Advisers LLC., not affiliated with Victory Capital.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

Kevin Booth is a portfolio manager and the head of below investment grade strategy for Park Avenue Institutional Advisers LLC. He is a co-portfolio manager of the Victory Floating Rate Fund, the Victory High Yield Fund, and the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company, the parent company of Park Avenue Institutional Advisers, in 2009, Mr. Booth was a managing director at BlackRock/Merrill Lynch Investment Managers and co-head of BlackRock's leveraged finance business, specializing in leveraged bank loans, high-yield bonds and distressed obligations. He has over 35 years of investment industry experience.

Mr. Booth holds a B.A. in economics from Harpur College, SUNY Binghamton and an MBA in finance from New York University. He is a CFA® charter holder.

Paul Jablansky is a portfolio manager and head of fixed income strategy for Park Avenue Institutional Advisers LLC. He is a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 2014, he was head of structured products at Western Asset Management. He has also held senior roles in structured products at RBS, Banc of America Securities, Citigroup, Salomon Brothers and Goldman Sachs. Mr. Jablansky has more than 30 years of investment industry experience.

Mr. Jablansky holds a B.A. in mathematics from Cornell University. He has served as a principal advisor to the House Financial Services Committee and the Senate Banking Committee.

Demetrios Tsaparas is a portfolio manager and sector portfolio manager for rates and structured sectors for Park Avenue Institutional Advisers LLC and a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 2008, he held a variety of positions in portfolio management and trading at New York Life Investment Management and Spartan Capital Management. Mr. Tsaparas has more than 10 years of investment industry experience.

Mr. Tsaparas has a B.A. in mathematics from the College of the Holy Cross and an MBA in finance from the University of California, Los Angeles. He is a CFA® charter holder and member of the CFA Institute and the New York Society of Security Analysts.

Robert Crimmins is a portfolio manager for Park Avenue Institutional Advisers LLC and a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 1996, Mr. Crimmins was a fixed income trader and portfolio manager at MetLife Investment Management Corporation (MIMCO). He has nearly 30 years of investment industry experience.

Mr. Crimmins holds a B.A. in finance from St. John's University and an MBA from Fordham University.

Fees & Expenses

Annual fund operating expenses are listed below. Victory Capital is committed to being fully transparent about fees and expenses, enabling investors to make informed decisions.

This calculator is intended to help you assess the impact of the operating expenses of the Class A, C, R, or Y shares of the Fund on the Fund’s potential returns. The calculator allows you to assume that you have made a hypothetical investment of any amount in Class A, C, R, or Y shares of the Fund for a 10-year period, and that your investment earns a 5% return each year. The example assumes that the Fund’s operating expenses through Year 1 are the same as those shown in the Annual Fund Operating Expenses table of the Fund’s Prospectus under “Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement” and for all subsequent periods are the same as those shown under “Total Annual Fund Operating Expenses.” The example reflects the impact of sales loads where applicable. Your actual costs may be higher or lower. Based on these assumptions, the calculator shows, for each year and cumulatively for all 10 years, (1) the fees and the costs (the “Expenses”) associated with your investment and (2) the difference (the “Dollar Impact on Return”) between your return if the Fund had not incurred the Expenses and your return after giving effect to the Expenses.

Annual Fund Operating Expenses

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The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least July 31, 2018. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.

At a Glance
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CUSIP:{{::product.cusip}}N/A

Total Fund AUM:
$49,988,150

Morningstar Ratings are based on risk-adjusted performance.

Fund Downloads

The Fund’s management team seeks high current income with a secondary objective of capital appreciation by combining active and flexible sector allocation with disciplined risk management. This go-anywhere, best-ideas fund invests in a diversified portfolio of investment grade, high yield, domestic, and foreign securities, some of which may be outside its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index.

Philosophy and Process

The investment team focuses on rigorous, independent fundamental research that includes macroeconomic, company-specific and security-specific factors. The team researches broad economic, political, and regulatory matters, as well as the structure and conditions of each security, its issuer, and its sector and industry. We take a risk-conscious fundamental value approach that recognizes that a narrow focus on yield doesn’t necessarily produce the best returns. We evaluate potential returns relative to risk and seek both income and price appreciation. The Fund mitigates risk by researching and diversifying its holdings.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective.Fixed income funds are subject to interest-rate and credit risk. Typically, when interest rates rise bond values decline. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Investors in the Fund may be subject to the Alternative Minimum Tax and certain other state and local taxes. Mortgage-backed securities are subject to higher prepayment risk than corporate bonds and notes, particularly in periods of declining interest rates as well as the risk that an unexpected rise in interest rates will extend the life of the security beyond the expected repayment time, typically reducing the security’s value. The Fund may invest in below-investment-grade debt securities (“junk bonds”) which may be less liquid and are subject to greater risk of loss than investment-grade securities. Such securities may experience greater price volatility and higher default rates during period of adverse market conditions.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The Victory Strategic Income Fund is sub-advised by Park Avenue Institutional Advisers LLC., not affiliated with Victory Capital.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Calendar Year Returns

Annual Expenses

(As of
05/01/2018)

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Gross Expense Ratio (%)

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Net Expense Ratio (%)

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Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited.

Class A performance quoted "with maximum sales load" reflects the current maximum sales charge of 2.00%. The sales load on Class C shares is deferred and will be charged if you redeem shares within one year of purchase. The contingent deferred sales load is 1.00% of the purchase or sale price of the shares, whichever is less. Please read the prospectus carefully for more information on sales charges as they do not apply in all cases and if applied are reduced for larger purchases. Any sales charges are in addition to the Fund's fees and expenses as detailed in the Fund's most current prospectus. The performance quoted at NAV or "without sales load" does not reflect any sales charge. If a sales charge were included, the performance stated above would be lower.

Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.

The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least April 30, 2019. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.

Class R and Y shares of the Fund are only available to investors that meet certain eligibility requirements.

Returns are average annual total returns, except those for periods of less than one year, which are cumulative

The Barclays U.S. Aggregate Bond Index is an unmanaged index that is generally considered to be representative of U.S. bond market activity. You may not invest in the index, and, unlike the Fund, the index does not incur fees and expenses.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective.Fixed income funds are subject to interest-rate and credit risk. Typically, when interest rates rise bond values decline. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Investors in the Fund may be subject to the Alternative Minimum Tax and certain other state and local taxes. Mortgage-backed securities are subject to higher prepayment risk than corporate bonds and notes, particularly in periods of declining interest rates as well as the risk that an unexpected rise in interest rates will extend the life of the security beyond the expected repayment time, typically reducing the security’s value. The Fund may invest in below-investment-grade debt securities (“junk bonds”) which may be less liquid and are subject to greater risk of loss than investment-grade securities. Such securities may experience greater price volatility and higher default rates during period of adverse market conditions.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The Victory Strategic Income Fund is sub-advised by Park Avenue Institutional Advisers LLC., not affiliated with Victory Capital.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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N/A

Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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Duration Schedule (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

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Quality Structure (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

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GNMA securities are backed by the same full faith and credit guarantee offered by U.S. Treasury securities which is an unconditional commitment to pay interest and principal on debt. This guarantee applies only to the underlying securities in the Fund and not to the Victory Fund for Income.

100.00

Average Life Structure (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

Holdings are subject to change.

CharacteristicsWtd Average Life (WAL): The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, WAL tells how many years it will take to pay half of the outstanding principal. Duration: A weighted average of the maturity of all the income streams from a bond or portfolio of bonds. Generally, the higher the duration, the more sensitive the bond or bond portfolio to changes in interest rates. The Fund diversification and duration schedule are presented to illustrate examples of the Fund’s investments and may not be representative of the Fund’s current or future investments. Fund holdings are as of quarter end and may change at any time.

The rating for each security held by the Fund is generally determined based on the ratings given by the nationally recognized statistical rating organizations Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings Ltd. If all three organizations have rated the security, the median rating is used. If only two organizations have rated the security, the lower rating is used. If a single organization has rated the security, that rating is used. Securities that have not been rated by any of the organizations, if any, are shown as “Not Rated” or “NR”. “Short Term” refers to cash and other short term instruments. Short term also includes other assets and liabilities that are not picked up by any other bucket, such as financings and derivatives positions. The ratings represent the opinions of the rating organizations (S&P, Moody's, and Fitch) as to the quality of the securities they rate. The ratings range from AAA (extremely strong capacity to meet its financial commitment) to D (in default). Ratings are relative and subjective and are not absolute standards of quality.

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.

All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. Fixed income funds are subject to interest-rate and credit risk. Typically, when interest rates rise bond values decline. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Investors in the Fund may be subject to the Alternative Minimum Tax and certain other state and local taxes. Mortgage-backed securities are subject to higher prepayment risk than corporate bonds and notes, particularly in periods of declining interest rates as well as the risk that an unexpected rise in interest rates will extend the life of the security beyond the expected repayment time, typically reducing the security’s value. The Fund may invest in below-investment-grade debt securities (“junk bonds”) which may be less liquid and are subject to greater risk of loss than investment-grade securities. Such securities may experience greater price volatility and higher default rates during period of adverse market conditions.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

The Victory Strategic Income Fund is sub-advised by Park Avenue Institutional Advisers LLC., not affiliated with Victory Capital.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.

Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

Portfolio Manager

Kevin Booth is a portfolio manager and the head of below investment grade strategy for Park Avenue Institutional Advisers LLC. He is a co-portfolio manager of the Victory Floating Rate Fund, the Victory High Yield Fund, and the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company, the parent company of Park Avenue Institutional Advisers, in 2009, Mr. Booth was a managing director at BlackRock/Merrill Lynch Investment Managers and co-head of BlackRock's leveraged finance business, specializing in leveraged bank loans, high-yield bonds and distressed obligations. He has over 35 years of investment industry experience.

Mr. Booth holds a B.A. in economics from Harpur College, SUNY Binghamton and an MBA in finance from New York University. He is a CFA® charter holder.

Portfolio Manager

Paul Jablansky is a portfolio manager and head of fixed income strategy for Park Avenue Institutional Advisers LLC. He is a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 2014, he was head of structured products at Western Asset Management. He has also held senior roles in structured products at RBS, Banc of America Securities, Citigroup, Salomon Brothers and Goldman Sachs. Mr. Jablansky has more than 30 years of investment industry experience.

Mr. Jablansky holds a B.A. in mathematics from Cornell University. He has served as a principal advisor to the House Financial Services Committee and the Senate Banking Committee.

Portfolio Manager

Demetrios Tsaparas is a portfolio manager and sector portfolio manager for rates and structured sectors for Park Avenue Institutional Advisers LLC and a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 2008, he held a variety of positions in portfolio management and trading at New York Life Investment Management and Spartan Capital Management. Mr. Tsaparas has more than 10 years of investment industry experience.

Mr. Tsaparas has a B.A. in mathematics from the College of the Holy Cross and an MBA in finance from the University of California, Los Angeles. He is a CFA® charter holder and member of the CFA Institute and the New York Society of Security Analysts.

Portfolio Manager

Robert Crimmins is a portfolio manager for Park Avenue Institutional Advisers LLC and a co-portfolio manager of the Victory Strategic Income Fund.

Prior to joining The Guardian Life Insurance Company of America, the parent company of Park Avenue Institutional Advisers, in 1996, Mr. Crimmins was a fixed income trader and portfolio manager at MetLife Investment Management Corporation (MIMCO). He has nearly 30 years of investment industry experience.

Mr. Crimmins holds a B.A. in finance from St. John's University and an MBA from Fordham University.